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andreev551 [17]
3 years ago
6

Investment of $1,000 at 2% simple interest for 15 years

Mathematics
1 answer:
natima [27]3 years ago
5 0
The answer is $25 interest and $1,025 is the amount due
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1) Which equation could be used to estimate the population of Oak City in 10 years?
DaniilM [7]

Answer:

1) A

2) B

Step-by-step explanation:

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y = y_0(1 + r) ^ t if the population increases when t increases

y = y_0(1-r) ^ 2 If the population decreases when t increases

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y = 48000(1 + 0.024) ^ {10}

y = 48000(1.024) ^ {10} -------- Option A)

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y = 82000(1-0.017) ^ 5

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6 0
4 years ago
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